Northville, MI is a city located in southeastern Michigan. The median value of houses in Northville is $489,000, which is significantly higher than the national median house value of $338,100. Additionally, the appreciation rate for homes in Northville over the past year was 8.47%, slightly higher than the national average of 8.27%. This suggests that Northville's housing market remains strong and that it is an attractive place to purchase or invest in housing.
The median home cost in Northville is $489,000. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Northville is up 13.1%.
Average Age of Homes
- The median age of Northville real estate is 47 years old
The Rental Market in Northville
- Renters make up 26.6% of the Northville population
- 1.1% of houses and apartments in Northville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.